12 midcap stocks tanked up to 55% in just one year. Are you holding any?
By Ritesh Presswala, ETMarkets.com |
1/13
Wealth Eroders
The past year has been a roller-coaster ride for the Indian stock market. While the benchmark Nifty slipped nearly 6%, the broader Nifty Midcap 150 defied the trend, delivering a gain of around 4%. Several midcap stocks emerged as standout performers, rewarding investors with impressive returns. But every rally has its forgotten stories. Beneath the index's overall gains, a handful of stocks struggled badly. In fact, nearly 12 constituents of the Nifty Midcap 150 tumbled between 30% and 55%, highlighting that even in a rising segment of the market, not every stock shares in the success.
2/13
KPIT Technologies
Over the last one year, the stock has declined by about 55%, falling from Rs 1,247 to Rs 558.
3/13
Tata Elxsi
Over the last year, the stock has declined by about 42%, falling from Rs 6,209 to Rs 3,588.
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4/13
Jubilant FoodWorks
Over the last one year, the stock has declined by about 41%, falling from Rs 710 to Rs 421.
5/13
Rail Vikas Nigam
Over the last one year, the stock has declined by about 40%, falling from Rs 396 to Rs 238.
6/13
PI Industries
Over the last year, the stock has declined by about 38%, falling from Rs 4,154 to Rs 2,575.
7/13
swiggy
Over the last one year, the stock has declined by about 37%, falling from Rs 393 to Rs 247.
8/13
SBI Cards and Payment Services
Over the last one year, the stock has declined by about 36%, falling from Rs 932 to Rs 596.
9/13
Indian Railway Catering And Tourism Corporation
Over the last one year, the stock has declined by about 35%, falling from Rs 776 to Rs 503.
10/13
Hexaware Technologies
Over the last one year, the stock has declined by about 35%, falling from Rs 848 to Rs 552.
11/13
Kalyan Jewellers India
Over the last one year, the stock has declined by about 33%, falling from Rs 570 to Rs 381.
12/13
CRISIL
Over the last year, the stock has declined by about 32%, falling from Rs 6,040 to Rs 4,082.
13/13
Info Edge (India)
Over the last one year, the stock has declined by about 31%, falling from Rs 1,450 to Rs 994.